2024 Revenue
$2.7M
Customers
100
Funding
$0
YOY
67.9%
Avg ACV
$26.9K
Team
18
Founded
2017
How Raise CEO Marvin Coleby grew to $2.7M revenue and 100 customers in 2024.
Provider of software as a service tool for funds, companies and law firms intended to securely digitize assets. The company's platform is backed by the latest blockchain technologies and provides strong security and globally transferable securities, enabling users to create and manage digital shares and debt, automate capitalization tables, create customized templates and organize their organizational finances.
Last updated
Raise Revenue
In 2024, Raise's revenue reached $2.7M. The company previously reported $1.6M in 2023. Since its launch in 2017, Raise has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Raise Hit $2.7m revenue in October 2024 | |
| 2023 | Raise Hit $1.6m revenue in October 2023 | |
| 2021 | Raise Hit $1.3m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
Raise Valuation, Funding Rounds
Raise is a bootstrapped Other Vertical Industry Software startup. Founded in 2017, Raise has grown to $2.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, Raise has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Marvin Coleby
CEO
Marvin Coleby is the Co-founder and CEO at Raise. Marvin is a corporate lawyer that worked in the Venture Technology group at Dentons, the world’s largest law firm. He worked on early and late-stage transactions on deals between Toronto, Silicon Valley and Toronto. He previously advised on model legal documents at industry-standard venture capital documents for the Canadian Venture Capital Association, and published research at conferences on cross-border investment contracts as a student at McGill University and the Hong Kong Graduate Center of Law. He holds a Bachelor of Law (LL.B.) and Civil Law (B.C.L.) from McGill University Faculty of Law and is called as a solicitor and barrister at the Law Society of Upper Canada.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Raise serves 100 customers.
Raise Employees & Team Size
Raise employs approximately 18 people as of 2026. It serves 100 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 18 employees (October 2023) |
| 2022 | Reached 20 employees (October 2022) |
| 2021 | Reached 17 employees (December 2021) |
| 2021 | Reached 15 employees (April 2021) |
Frequently Asked Questions about Raise
What is Raise's revenue?
Raise generates an estimated $2.7M in annual revenue.
Who founded Raise?
Raise was founded by Marvin Coleby.
Who is the CEO of Raise?
The CEO of Raise is Marvin Coleby.
How much funding does Raise have?
Raise is bootstrapped and has not raised outside funding.
How many employees does Raise have?
Raise has 18 employees.
Where is Raise headquarters?
Raise is headquartered in Nairobi, Kenya.
Compare Raise to the industry
Raise operates across multiple industries. Browse revenue, funding, and growth data for Raise in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Qollabi
Channel Sales, Branch Management, Broker Management, Resellers, Agents? Qollabi helps companies to build stronger partner and business relationships. Our BRM (Business Relationship Management) software is made for professionals who are responsible for managing indirect sales channels (eg. managing agents, branches, brokers, resellers, partners etc). The journey of the end customer has changed dramatically in the last decade. Therefore, the role of the (channel) account manager and the role of the intermediary changed enormously. Most of the companies make their account and business plans in PowerPoint, Excel or Word. This makes it difficult to follow up and leads to presentations that get stuck somewhere in a drawer. Leading to lost productivity and efficiency impacting your entire channel and therefore turn-over. Qollabi digitalizes and centralizes your plans. It makes it easy to follow up and collaborate in a digital way. Plan: group your accounts and set Objectives and Key Res
Quicksilva
Provider of systems integration and messaging services based in the United Kingdom. The company offers integration, consultancy, managed and partner services, enabling health, social care and other industries to get affordable services.
Salaso Health Solutions
Provider of online physiotherapy prescription services intended to offer practice exercise rehabilitation to people everywhere. The company's online physiotherapy prescription services are offered through a software that provides exercise videos to patients through smartphone, tablet or computer along with an e-learning tool to engage patients with the content and ensure adherence to the home exercise program, enabling healthcare professionals to deliver physiotherapy exercises to their patients and ensure their recovery.
Wiztopic
Developer of a cloud-based SaaS platform and a new generation of a corporate communications platform. The company corporate communications platform is dedicated to corporate and financial communication executives. It helps them to streamline content management, SEO, social and multichannel distribution, stakeholder relationships and performance assessment, in full compliance with their sectors' constraints. It manages all content formats (video, images, text, infographics, audio) and is adapted to mobile or other devices, enabling businesses executives to simplifies corporate and financial content distribution, stakeholders relationship management, event organization and tracking of communication performance.
Think Exam
Think exam enables educators, publishers & trainers to conduct any types exam that include online exam, offline exam & paper-pencil exam.With Think Exam, you can create your online question bank, make online tests, bundle up all your tests to create a package & then allow student to buy access. Think Exam leverage you a structured step-by-step process for conducting online, offline & paper-pencil based examination
SelfDrvn
About SelfDrvn We help companies develop a thriving workplace culture with a SaaS (Software as a Service) platform that improve employee engagement through effective communication, gamification and behavioural analytics. Our product is part technology, part psychology, and part process. We believe that positive empowerment and people-centred strategies is the key to building a successful business.
